Page 525 - CABSAT ENGLISH PR REPORT - FEBRUARY to MAY 2023

4/10/23, 10:36 AM Industry leaders to highlight emerging technologies
aviation, broadcast, government, maritime, space agencies, and

other sectors.

The much anticipated 29 edition of CABSAT is set to shed light on
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emerging trends in the Satellite Communications market, which is

predicted to reach USD 53 billion by 2027 and grow at a CAGR of

14 per cent by 2030, and also place a strong emphasis on the

industry’s capacity to leverage cutting-edge technologies. It is

noted that satellite technology will continue to expand and become

more important to how businesses operate, as a result of the

development of the connected digital economy. As a major diary

date in the satellite and space technology industry calendar,

CABSAT is committed to supporting stakeholders in their efforts to

collaborate and make a difference.

CABSAT 2023 will also host the SATEXPO Summit, where leading

industry experts will discuss how to spearhead sustainable space

operations. The summit will include two days of panel discussions

and networking opportunities for all participants, which will provide

a great venue for business leaders to underscore sustainability in

space. This is further relevant as the UAE prepares to host the

COP28 conference in November 2023, to address challenges and

encourage countries to embrace sustainability as a key priority.

With more than 6,800 active satellites in the orbit, many of which

are used for both military and civilian purposes, and more than

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